- Rockwall County
- Fate TX
- 75087
- Local Area: Spring Meadow Ph 2
Property Overview
Are you searching for the perfect first home to start a family, are you looking to downsize without sacrificing comfort, or maybe you're dreaming of relaxing by your own swimming pool during those long Texas summers, this charming home in the desirable Spring Meadows neighborhood of Fate, Texas has something for everyone.
Bring your decorating ideas and make this inviting three-bedroom, two-bath home your very own. Step inside and you'll appreciate the easy maintenance of solid-surface flooring that extends throughout most of the home. The kitchen is well-equipped with granite countertops, a stainless steel refrigerator, and a stainless steel electric range with a built-in microwave—making meals both convenient and enjoyable.
The home's living room features a cozy wood-burning fireplace, creating the perfect gathering place on cool Texas evenings. The cozy primary suite offers a peaceful retreat and features a bathroom with a walk-in shower and quartz vanity top. A new HVAC system was installed earlier this spring and the dual element hot water heater is less than 5 years old. The home's burglar system is prewired, but not activated. A standout feature the home also has is a climate-controlled sunroom that provides year-round enjoyment and overlooks your own backyard oasis complete with a refreshing swimming pool. Whether you're entertaining guests, enjoying your morning coffee, or simply unwinding after a long day, this entertaining space is designed for making lasting memories. The neighborhood offers a scenic lake, playground and walking trails.
The home is conveniently located less than a mile from downtown Fate, where you'll enjoy easy access to local shops, restaurants, parks, and community events while still experiencing the quiet charm of Fate and the Spring Meadows neighborhood.
Don't miss your opportunity to make this wonderful home your own. Call your agent for a showing today and discover everything this Spring Meadows gem has to offer.
Featured spaces
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Property highlights
Year Built 2009
School District Royse City Isd
HOA $117 Quarterly
Pool Pool
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Fireplace 1 Fireplaces
Neighborhood Spring Meadow Ph 2
Full Property Details
Property Details
Quick Details
- Price $325,000
- Status Active
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,641 Sq Ft
- Lot Size 0.15 acres
- Lot Size Sq Ft 6,621
- Year Built 2009
- Price / Sq Ft $198 / Sq Ft
- MLS # 21422309
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Rockwall
- Subdivision Spring Meadow Ph 2
- Days on Market 1
Home Details
- Architectural Style Traditional, Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Construction Brick, Wood Siding
- Foundation Slab
- Roof Asphalt, Shingle
- Flooring Carpet, Laminate, Linoleum
- Heating Central, Electric, Fireplaces
- Cooling Central Air, Ceiling Fans, Electric
- Property Attached Yes
Kitchen & Interior
- Appliances Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Interior Features Eat In Kitchen, Granite Counters, High Speed Internet, Cable Tv, Walk In Closets
- Laundry Features Washer Hookup, Electric Dryer Hookup, Laundry In Utility Room
- Fireplaces 1
- Fireplace Features Living Room, Wood Burning
- Security Features Smoke Detectors
Lot & Exterior
- Lot Features Landscaped, Few Trees
- Patio & Porch Features Covered
- Fencing Back Yard, Wood
- Pool Yes
- Pool Features Fiberglass, Heated, In Ground, Outdoor Pool, Pool, Pool Sweep, Water Feature
- Other Structures Sheds
Parking
- Parking Concrete, Driveway
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $4,673
- HOA Fee $117 Quarterly
- HOA Includes Maintenance Grounds
- Community Features Curbs, Playground, Park, Sidewalks
- Parcel Number 000000079032
- Legal Description SPRING MEADOW PHASE 2, BLOCK D, LOT 10
- Tax Block D
- Tax Lot 10
Utilities
- Utilities Electricity Connected, Sewer Available, Water Available, Cable Available
- Water Public
- Sewer Public Sewer
Schools
- School District Royse City ISD
- Elementary Harry Herndon — Royse City ISD
- Middle Bobby Summers — Royse City ISD
- High Royse City — Royse City ISD
Listing Information
- Listing Agent Jerry Hitt
- Brokerage DIY Realty
- MLS Board NTREIS
- List Date 10/30/2026
- Source Updated 10/31/2026
- Last Updated 10/31/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 318 Laurel Lane
Rockwall CAD (TrueProdigy) records for 318 Laurel Lane, Fate, TX 75087 show a CAD market value of $260,023 and a net appraised value of $260,023. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Rockwall CAD (TrueProdigy) property-tax and appraisal records for 318 Laurel Lane, Fate, TX 75087, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Rockwall CAD (TrueProdigy) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $84,960 + Improvement Value $175,063 = CAD Market Value $260,023
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
RESIDENTIAL
Value: $157,486 Total Area: 1998 Sqft Living Area: 1514 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| MAIN AREA | MA | 1,514 Sqft |
| ATTACHED GARAGE | AG | 380 Sqft |
| COVERED PORCH | CP | 24 Sqft |
| COVERED PORCH | CP | 80 Sqft |
| Additional Feature / Structure | Type / Details | Area / Quantity |
|---|---|---|
| SWIMMING POOL | Code: SW · Class: A1 · Built 2020 | 1 pool |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
The current CAD record shows a homestead exemption. Reduces Royse City ISD taxable value by $140,000 (from $260,023 net appraised value to $120,023 school taxable value). Current owner’s exemption, not guaranteed to transfer to buyer.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $260,023 − All Current CAD Reductions $0 = Current Taxed Starting Point $260,023
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Royse City ISD); current owner’s exemption, not guaranteed to transfer to buyer. Other local taxing units on this record apply $0 exemption reduction (taxed at $260,023 net appraised value).
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
City
CITY OF FATE |
$260,023 | 0.2909 | $756 | — | $756 |
|
County
ROCKWALL COUNTY |
$260,023 | 0.2510 | $653 | — | $653 |
|
School District
ROYSE CITY ISD |
$120,023 (H) | 1.2552 | $3,264 | -$1,757 | $1,507 |
(H) Taxable reduction reflected in school district taxable value.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $4,673 − Est. Tax Reductions / Savings $1,757 = Est. Taxes (With Current Exemptions) $2,916
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $1,757. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
The current tax estimate reflects a homestead exemption on the property's present CAD record. That exemption does not automatically transfer to a new owner; a buyer must qualify for their own exemptions. For comparison, the current estimate is $2,916 with the exemptions shown today and $4,673 without exemptions. Actual future taxes will depend on buyer eligibility, future appraised values, and adopted tax rates.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $83,000 | $133,790 | $216,790 | $216,790 | +$28,840 / +15.34% |
| 2022 | $118,000 | $168,330 | $286,330 | $238,469 | +$69,540 / +32.08% |
| 2023 | $147,500 | $167,925 | $315,425 | $262,316 | +$29,095 / +10.16% |
| 2024 | $118,000 | $177,889 | $295,889 | $288,548 | -$19,536 / -6.19% |
| 2025 | $109,740 | $179,146 | $288,886 | $288,886 | -$7,003 / -2.37% |
| 2026 | $84,960 | $175,063 | $260,023 | $260,023 | -$28,863 / -9.99% |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $325,000 − Current CAD Market Value $260,023 = Over CAD Value +$64,977 (+25.0%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND SPRING MEADOW PH 2
A curated look at local favorites, everyday stops, and lifestyle context near this property.